A joint venture between the Libyan government, in the form of its Economic and Social Development Fund, Italcementi is to build a 4Mta integrated cement works at a cost of between US$550m and US$750m.
The plant is planned for a location around 50km west of Tobruk and a mining concession has been agreed with the National Mining Company of Libya in order to secure the necessary raw materials.
The joint venture is also contemplating a 0.5Mta white cement plant.
The new works are primarily aimed to serve the Libyan market, but could also supply cement or clinker for exports within the Mediterranean area.
